GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Yawei Machine Tool Co Ltd (SZSE:002559) » Definitions » Total Inventories

Jiangsu Yawei Machine Tool Co (SZSE:002559) Total Inventories : ¥1,383 Mil (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Jiangsu Yawei Machine Tool Co Total Inventories?

Jiangsu Yawei Machine Tool Co's total inventories for the quarter that ended in Sep. 2024 was ¥1,383 Mil. Jiangsu Yawei Machine Tool Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥1,327 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jiangsu Yawei Machine Tool Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-1.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Yawei Machine Tool Co's Days Inventory for the three months ended in Sep. 2024 was 385.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Yawei Machine Tool Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.24.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Jiangsu Yawei Machine Tool Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.87.


Jiangsu Yawei Machine Tool Co Total Inventories Historical Data

The historical data trend for Jiangsu Yawei Machine Tool Co's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jiangsu Yawei Machine Tool Co Total Inventories Chart

Jiangsu Yawei Machine Tool Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 477.11 579.99 907.66 1,079.50 1,201.85

Jiangsu Yawei Machine Tool Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,181.60 1,201.85 1,142.31 1,270.04 1,383.36

Jiangsu Yawei Machine Tool Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Jiangsu Yawei Machine Tool Co  (SZSE:002559) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Jiangsu Yawei Machine Tool Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1112.941+0.75 * 327.699+0.5 * 1383.357-2843.998
-0-41.326)/549.765
=-1.52

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Jiangsu Yawei Machine Tool Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=1326.6985/313.807*365 / 4
=385.78

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Jiangsu Yawei Machine Tool Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=313.807 / 1326.6985
=0.24

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Jiangsu Yawei Machine Tool Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=1326.6985 / 462.086
=2.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Jiangsu Yawei Machine Tool Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Jiangsu Yawei Machine Tool Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Yawei Machine Tool Co Business Description

Traded in Other Exchanges
N/A
Address
Huanghai South Road, Xiancheng Industrial Park, Jiangdu District, Jiangdu, Jiangsu, CHN, 225200
Jiangsu Yawei Machine Tool Co Ltd operates in the sheet metal processing machine tool industry. The company is engaged in the development, manufacturing, and selling of high end, smart and automatic products like CNC press brakes, CNC laser cutting machine, flexible cells, automatic coil lines, and linear and horizontal multi joint robots.
Executives
Zhu Peng Cheng Directors, executives
Pan En Hai Directors, executives
Fan Jun Director
Ji Su Qin Director
Shi Jin Xia Directors, executives
Leng Zhi Bin Directors, executives
Wang Jun Supervisors
Zhou Jia Zhi Supervisors
Wang Hong Xiang Directors, executives
Wen Qing Yun Director

Jiangsu Yawei Machine Tool Co Headlines

No Headlines